Coffee Is About to Be a Hot Commodity. How to Play a Brief Rally.
Coffee Is About to Be a Hot Commodity. How to Play a Brief Rally. | Barron’s
It’s time to pour a drop of joe into your portfolio. A recent tumble in coffee bean prices will likely reverse shortly, prompting possible gains of as much as 25% over the coming weeks.
The issue is that the downdraft, caused by collapsing Vietnamese currency, plus an overly optimistic outlook for Brazil’s crop, has gone too far.